September 18, 2011

Strike slashes output at Freeport’s Grasberg in Indonesia by 230,000 tonnes a day

A strike at Freeport McMoRan’s huge gold and copper mine in eastern Indonesia has slashed production by 230,000 tonnes a day, the energy and minerals ministry said on Friday. The…

September 18, 2011

Harmony Gold eyes copper-gold projects in Philippines

South African mining firm Harmony Gold Mining Co. Ltd., the worlds fifth largest gold producer, is looking to invest in copper-gold projects in the Philippines.

September 18, 2011

Pilot Gold finds high-potential exploration targets and confirms mineralization at Regent Hill

Pilot's drilling to date confirms both lateral and down-dip continuity of gold mineralization at Regent Hill, as well as gold and silver mineralization in new targets an additional 750 metres…

September 18, 2011

Gold gains in India on Saturday but charts point to $1,700

Both gold and silver gained on the bullion market on Saturday as bargain hunters returned to the market. While gold surged by Rs 420 to Rs 28,160 per 10 grams,…

September 16, 2011

Big miners needn’t worry about higher royalties in Peru, juniors should

Speaking in Arequipa at Peru's premier mining conference industry executives said on Friday a drive by Peru's leftist president to raise mining royalties should not derail multibillion-dollar investments, but added…

September 16, 2011

Dale Mah: Gold companies to watch from the Yukon to Colombia

From the Yukon to Colombia, with stops in Nevada and Mexico, Dale Mah, an equity research analyst with Mackie Research, covers the map looking for exciting exploration plays.

September 16, 2011

If Donald Trump is buying, maybe it is time to sell

After Donald Trump announced that he was accepting gold as payment for some of his properties, MarketWatch wonders if The Donald has unintentionally called a top

September 16, 2011

Northern Gold Mining raises $10 million in private placement, Sprott among investors

Northern Gold Mining ("Northern Gold" or the "Company") (TSX VENTURE:NGM) is pleased to announced that it has completed a non-brokered private placement for aggregate gross proceeds of $10,870,471 subject to…

September 16, 2011

Strong stomach needed as gold’s wild gyrations continue

Gold futures returned to above $1,800 an ounce Friday as investors sought the perceived safety of the precious metal ahead of the weekend and news emanating from Europe injected a…

September 16, 2011

Mwana Africa’s Zimbabwe mine gold output tops target

Gold miner Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate, company executives said on Friday